Dave & Buster’s NASDAQ: PLAY stock surged more than 10% after its Q2 earnings release because the narrative went something like this: the company is growing, but growth is weak, and expectations are missed. However, the miss was tepid, creating a “meh” reaction from the market because the margin widened, driving leverage and unexpected earnings strength. Earnings strength is expected to stick, setting the company up for leveraged earnings growth when consumer habits shift. That is expected over the next twe ...

The company posted encouraging growth in a number of key second-quarter metrics.Like a successful video game play, Dave & Buster's Entertainment (PLAY 4.66%) was a stock market winner on Wednesday. The company's share price leaped nearly 5% higher following the release of its second-quarter results, making it an outlier on a day when the S&P 500 index booked a gain of slightly more than 1%.A crushing beat on the bottom lineDave & Buster's management unveiled those results after market hours Tuesday, which i ...

Key TakeawaysDave & Buster's Entertainment reported profit that exceeded analysts' forecasts as the chain made changes to its menu, pricing strategy, and added new locations.Still, comparable store sales fell 6.3% from a year ago as CEO Chris Morris said the company faced a "complex and challenging environment."Shares of Dave & Buster's rose in early trading Wednesday before giving up gains later in the session. Dave & Buster’s Entertainment (PLAY) posted a better-than-expected profit for the second quarter ...

JHVEPhoto Investment Thesis Dave & Buster's (NASDAQ:PLAY) delivered fiscal Q2 2024 earnings results that saw investors cheer, driving the stock higher by more than 10% after hours. But as we look through, I'm not blown away by its near-term prospects. Even though I had been bullish on this stock for the past 6 months, and in hindsight, I clearly made a bad call being bullish, today, I'm not asserting this stock with a BUY rating. I'm moving to the sidelines, as I turn neutral on this stock. Yes, the sto ...

DALLAS, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced financial results for its second quarter ended August 6, 2024. Second Quarter 2024 Financial Highlights Second quarter revenue of $557.1 million increased 2.8% from the second quarter of 2023.Comparable store sales decreased 6.3% compared to the same calendar period in 2023.Net income totaled $40.3 mill ...

Dave & Buster’s Entertainment, Inc. PLAY will release earnings results for its second quarter, after the closing bell on Tuesday, Sept. 10.Analysts expect the Coppell, Texas-based company to report quarterly earnings at 84 cents per share, up from 60 cents per share. Dave & Buster’s projects to report quarterly revenue of $560.65 million for the quarter, according to data from Benzinga Pro.On June 13, Dave & Buster’s reported worse-than-expected first-quarter financial results.Dave & Buster’s shares fell 2. ...

Dave & Buster's Entertainment, Inc. (PLAY) is scheduled to report second-quarter fiscal 2024 results on Sep. 10 after the closing bell.The company’s earnings have missed the Zacks Consensus Estimate in two out of the four trailing quarters, with the earnings surprise being 18.2%, on average.The Trend in Estimate RevisionThe Zacks Consensus Estimate for fiscal second-quarter earnings per share (EPS) is pegged at 93 cents, down 1.1% year over year. In the past 30 days, earnings estimates for the current year ...

WEXFORD, Pa., Sept. 5, 2024 /PRNewswire/ -- Coeptis Therapeutics Holdings, Inc. (Nasdaq: COEP) (the "Company" or "Coeptis"), a biopharmaceutical company developing innovative cell therapy platforms for cancer, autoimmune, and infectious diseases, today issued a shareholder letter from its Chief Executive Officer Dave Mehalick.Dear Coeptis Therapeutics Shareholders,                                                                               As summer comes to a close, I am pleased to share with you the lat ...

LOS ANGELES, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced that the Company will participate in three upcoming investor conferences in September 2024. Benchmark 11th Annual TMT 1x1 Investor Conference is being held September 4-5 at the New York Athletic Club in New York, NY. The Company will hold 1x1 meetings throughout the day on September 5. H.C. Wainwright 26th Annual Global Investment Conference is being held S ...

DALLAS, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ:PLAY), ("Dave & Buster's" or "the Company"), an owner and operator of entertainment and dining venues, today announced that it will report financial results for its second quarter ended August 6, 2024 after the market closes on Tuesday, September 10, 2024. Management will host a conference call to report these results on Tuesday, September 10, 2024, at 4:00 p.m. Central Time (5:00 p.m. Eastern Time). A live and archived w ...